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Nov 28, 2012
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i'm ready to sign it. >> politico calls it the fiscal cliff roadshow. the president going to middle class americans about avoiding the cliff. 33 days and counting. and join our conversation on twitter. [ female announcer ] you can make macaroni & cheese without freshly-made pasta. you could also cut corners by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese. just one of over 70 satisfying recipes for one from stouffer's. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 year
i'm ready to sign it. >> politico calls it the fiscal cliff roadshow. the president going to middle class americans about avoiding the cliff. 33 days and counting. and join our conversation on twitter. [ female announcer ] you can make macaroni & cheese without freshly-made pasta. you could also cut corners by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese. just one of over 70 satisfying recipes for one from stouffer's. i've got a...
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Dec 5, 2012
12/12
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following the latest on the fiscal cliff fiasco. congress is facing the issue of the fiscal cliff and other tough economic decisions. why did just today republican leadership cancel tomorrow's session allowing the house to leave town with three days left on the legislative calendar? i'll talk with two democratic members of congress just and allyson schwartz and john yarmuth. i'll talk to roger simon. he has a scathing new column out on republicans. roger says, quote, listen to this, republicans have found their stab in the back. it was the minorities what done them in. that's what he wrote. we'll ask him about it. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car repla
following the latest on the fiscal cliff fiasco. congress is facing the issue of the fiscal cliff and other tough economic decisions. why did just today republican leadership cancel tomorrow's session allowing the house to leave town with three days left on the legislative calendar? i'll talk with two democratic members of congress just and allyson schwartz and john yarmuth. i'll talk to roger simon. he has a scathing new column out on republicans. roger says, quote, listen to this, republicans...
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Dec 3, 2012
12/12
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reaches the so-called fiscal cliff. and only 19 of those are business days. as yet there's been no counteroffer from the gop but today "the wall street journal" advises republicans to say the course writing given the political difficulty of reforming entitlements republicans are right to try get mr. obama's fingerprints on a deal this year. if mr. obama won't agree to these demin muss reforms republicans should let mr. obama own the debt crisis he has done so much to create. conservative commentator bill crystal says they're making a dangerous gamble. >> republicans are at risk in my view now of looking like they're defending, keeping the current tax rates for the wealthy. end of the day president obama is selling a simple message, i want to keep taxes low for middle-class americans and republicans look like -- i'm worried are in the position offiof ing -- looking as fe the don't care about middle class. >> joining us is the sage of capitol hill, boat shoe enthusiast and celebrity doppelganger, nbc's luke russert. >> go
reaches the so-called fiscal cliff. and only 19 of those are business days. as yet there's been no counteroffer from the gop but today "the wall street journal" advises republicans to say the course writing given the political difficulty of reforming entitlements republicans are right to try get mr. obama's fingerprints on a deal this year. if mr. obama won't agree to these demin muss reforms republicans should let mr. obama own the debt crisis he has done so much to create....
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Nov 9, 2012
11/12
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WBAL
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put aside campaign bitterness to reach a deal avoiding the so-called fiscal cliff. last night house speaker john boehner said he's optimistic about an agreement telling abc's diane sawer he's the most reasonable responsible person in washington but he's also not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about. >> i made clear yesterday that raising tax rates is unacceptable. frankly, it couldn't even pass the house. >> at issue here, a perfect economic storm that could have serious consequences. nbc's andrea mitchell breaks it down for you. >> reporter: the campaign was tough. victory was sweet. now comes the hard part. >> on january 21st, 2013, there's going to be a massive fiscal cliff. >> reporter: so what exactly is the fiscal cliff? it's a nightmare combination of tax heights and spending cuts that congress agreed to to force themselves into a compromise but so far they haven't agreed on anything so barring a last-minute fix at the stroke of m
put aside campaign bitterness to reach a deal avoiding the so-called fiscal cliff. last night house speaker john boehner said he's optimistic about an agreement telling abc's diane sawer he's the most reasonable responsible person in washington but he's also not backing off his stand on tax hikes. >> raising taxes on small business people is the wrong prescription given where our economy is. >> is it on the table to talk about. >> i made clear yesterday that raising tax rates...
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Nov 29, 2012
11/12
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to add vert the fiscal cliff scheduled for tomorrow, but, guess what? the president will not be attending it, secretary tim geithner will. regardless of the -show tomorrow, president obama is hopeful to get a deal done by christmas, not inspiring confidence for pushing small businesses as key democrati leaders refuse to put entitlements on the table. for more on all of this, republican congressman langford of oklahoma. congressman, welcome back, always great to have youere. >> thank y very much. gerri: president with strong words for congress. here's what he had to say. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next wreer. right now, as we speak, coness can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. gerri: there's the president calling out congress. what do you have to say, congressman? >> yeah, here we go in the middle of this. the house passed all our tax things in april. we passed the sequestering documents in may. we waited for the sena
to add vert the fiscal cliff scheduled for tomorrow, but, guess what? the president will not be attending it, secretary tim geithner will. regardless of the -show tomorrow, president obama is hopeful to get a deal done by christmas, not inspiring confidence for pushing small businesses as key democrati leaders refuse to put entitlements on the table. for more on all of this, republican congressman langford of oklahoma. congressman, welcome back, always great to have youere. >> thank y...
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Dec 27, 2012
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reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats fall. but will the speaker call his members back before time runs out? >> at the last moment is the way these things normally happen. i think that can happen again. it just depends on putting egos aside a little bit and putting the best interests of the american people first. >> plus, keeping our kids safe, is arming educators the symptom or adding to the problem. >>> and can anyone beat sko brown? >>> good day. we're live in washington this afternoon. the lines of communication between the president, leaders of congress are open. whether those lines are used repeatedly over the next few days to reach a fisca
reid, predicting the country will go over the fiscal cliff and blames it on house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> boehner's office's response? we've done our part. it's the senate democrats...
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Dec 27, 2012
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the house had two bills that collectively can avert the entire fiscal cliff if enacted. those bills await action by the senate. >> the classic ping pong gridlock and no way out. >> it's important to know how far we have come in the last seven days. a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now. we were closer than before. >> you touch on a good point. that's lost now in the media. we are going-over the cliff. last week they are $450 billion away from a deal. that's less than 1% of the federal spending over the next decade. in d.c. terms, 400 billion seems like a lot. that's a drop in the bucket in d.c. terms. it's amazing that s
the house had two bills that collectively can avert the entire fiscal cliff if enacted. those bills await action by the senate. >> the classic ping pong gridlock and no way out. >> it's important to know how far we have come in the last seven days. a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concession and saying that that...
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Nov 28, 2012
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. >>> it's pun afunny, while we h the doom and gloom around the fiscal cliff driving equity markets lower, we're at serious risk of good news breaking out on the economy running in to the holiday season. so we have the better housing numbers, up 3.6%. then we had a stronger consumer confidence number and we're seeing the best consumer confidence since, what, february 2008. let's put it in context. we're just in 73 territory on the digits. 90 would be where the economy would be if everybody was happy with their lot. and we're still some way away from that 90 figure. but apparently things improving on the fact employment is picking up. so it would appear that things are getting brighter for the u.s. economy, but, boy, we still need to bang some heads together on this fiscal cliff because until we're going somewhere on on that, these markets are treading water right now. back to you. >> all right, geoff cutmore live in london. thanks. >> what would you do with 500 pll million? >> i would say that's gambling and that when we cover the story, we ought to talk about the draw backs on people bei
. >>> it's pun afunny, while we h the doom and gloom around the fiscal cliff driving equity markets lower, we're at serious risk of good news breaking out on the economy running in to the holiday season. so we have the better housing numbers, up 3.6%. then we had a stronger consumer confidence number and we're seeing the best consumer confidence since, what, february 2008. let's put it in context. we're just in 73 territory on the digits. 90 would be where the economy would be if...
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Nov 10, 2012
11/12
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cliff in the white house. >> the american people voted for action, not politics as usual, to focus on your jobs, not ours, in that spirit i invited both leaders to the white house next week to build consensus. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am proposing a fiscal cliff together to be averted >> reporter: that gets its name, because at the end of the year if congress does nothing, bush taxes expire, the payroll tax cut expires, emergency unemployment benefits end and $984 billion in automatic cuts and defense and domestic budgets are triggered. they estimate that would cause the economy to take a significant hit, raising unemployment to 9.1% by the end of next year. but the real political sticking point is taxes. the president called on congress to make tax cuts for people making less than $200,000, and making less than $250,000, and drew a line in the sand. >> i refuse to accept any approach that is not balanced. and on tuesday night, we found out the majority of americans agree with my approach. >> reporter: the president was r
cliff in the white house. >> the american people voted for action, not politics as usual, to focus on your jobs, not ours, in that spirit i invited both leaders to the white house next week to build consensus. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am proposing a fiscal cliff together to be averted >> reporter: that gets its name, because at the end of the year if congress does nothing, bush taxes expire, the payroll tax...
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we're keeping our eye on the senate back in session with the fiscal cliff talks now down to the wire. the big question is even if the senate reaches a deal as they continue the debate will republicans pass anything with tax hikes in the house? up next republican congressman tom cole. and baby makes three. kim kardashian and kanye west's big baby announcement. also, sydney, australia celebrating the new year just three hours ago with fireworks over the famous opera house. in new york city, an already crowded times square. people waking up there. our big question what is your new year's resolution for 2013? tweet me at richard lui. we'll share some of your comments later. >>> a live look at the markets which appear to be taking going over the fiscal cliff in stride. many people say it is built into the market. many investors are still confident leaders will strike some sort of deal as talks go down to the wire and even if they don't they are counting on senate majority leader harry reid to present a backup proposal to limit some of the damage. we're watching live pictures on the right-h
we're keeping our eye on the senate back in session with the fiscal cliff talks now down to the wire. the big question is even if the senate reaches a deal as they continue the debate will republicans pass anything with tax hikes in the house? up next republican congressman tom cole. and baby makes three. kim kardashian and kanye west's big baby announcement. also, sydney, australia celebrating the new year just three hours ago with fireworks over the famous opera house. in new york city, an...
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Dec 31, 2012
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where is the house republican conference now in their mentality on making a deal on the fiscal cliff, and is there reason for optimism if something does get produced from the senate sometime today? >> you know, i think there is reason for optimism, first of all, because, chris, you have to remember, we actually passed as part of our budget in the spring an alternative to this possess. we did another such bill in august, and then before we left prayer to plan b, we passed a third bill, so we're glad to see the senate move, and when they do, we'll have something to sink our teeth into. we might not necessarily accept it as-is. there will be some amending, i suppose, lots of debate, but i think that the house is ready to act. the difference between a senate proposal now and plan b last week is that this time we will not need to pass it only on republican votes. we'll have democrats who will be moving forward, and so i think you'll get a vote. >> let me follow-up on that, because i think it's an important point. john boehner's speakership took a hit. you can debate how big or how small. h
where is the house republican conference now in their mentality on making a deal on the fiscal cliff, and is there reason for optimism if something does get produced from the senate sometime today? >> you know, i think there is reason for optimism, first of all, because, chris, you have to remember, we actually passed as part of our budget in the spring an alternative to this possess. we did another such bill in august, and then before we left prayer to plan b, we passed a third bill, so...
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Dec 31, 2012
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. >> time is up to avert the fiscal cliff. the last minute scrambling at this house going on behind closed doors. >> and the redskins pull it off. they knock off the cowboys. >> welcome to news 4 midday. >> it's new year's eve, monday, december 31, 2012. >> it's down to the wire. we are less than 24 hours away from hitting the so-called fiscal a cliff right now. the house and senate are striking a deal oh avoid massive tax hikes and spending cuts. derek ward is live with more on what's happening today. >> the end is near. that's the end of the year, of course. what about the path that ends at the end of the fiscal cliff. senators should be back at it. the house reconvened this morning. such new year's eve appearances are on the hill. senate minority leader mitch mcconnell and joe biden kept in place to avoid $200 billion in tax increases. broad stroke spending cuts and domestic and defense spending. they would take effect gradually over a period beginning at midnight if the white house and congress can't reconcile their differ
. >> time is up to avert the fiscal cliff. the last minute scrambling at this house going on behind closed doors. >> and the redskins pull it off. they knock off the cowboys. >> welcome to news 4 midday. >> it's new year's eve, monday, december 31, 2012. >> it's down to the wire. we are less than 24 hours away from hitting the so-called fiscal a cliff right now. the house and senate are striking a deal oh avoid massive tax hikes and spending cuts. derek ward is...
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Nov 9, 2012
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cliff andrea was just talking about. we will also hear today before the president from house speaker john boehner on what republicans are willing to do, how far they're willing to go. as you heard yesterday, he talked about possible tax revenue but conservatives say, and he later clarified in that interview, he was not talking about raising taxes on the wealthy, which is what the president proposed. what the republicans want to do is implement pro-growth policies. if the economy grows, people are making more money and that will create more tax revenue. lynn. >> all right, tracie. thanks. >>> now here's a side of the leader of the free world you don't see every day. getting choked up. this all happened on wednesday as president obama thanked staffers and volunteers at his chicago campaign offices. it's some new video that was released by his campaign. take a listen. >> you guys have proved that the work i'm doing is important. i'm really proud of that. i'm really proud of all of you. and what you've -- [ cheers and applau
cliff andrea was just talking about. we will also hear today before the president from house speaker john boehner on what republicans are willing to do, how far they're willing to go. as you heard yesterday, he talked about possible tax revenue but conservatives say, and he later clarified in that interview, he was not talking about raising taxes on the wealthy, which is what the president proposed. what the republicans want to do is implement pro-growth policies. if the economy grows, people...
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Dec 4, 2012
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democratic caller in new york, what the make of the house gop. don the fiscal cliff? caller: would like to add something on the matter of taxes. it has been recommended, some years ago by a wall street banker, to have a 1% wealth tax from capital accumulation. someone that house $100,000 would pay $1 and dollars. a flat tax with everyone in. -- would pay $1,000. the good raise a tremendous amount of money even if the income tax rates went down. and this wondering if anyone would be in favor of such a tax. it would be a flat tax. as far as social security is concerned, i do not hear anything about the amount being raised. i think it is $110 and they could easily raise that and raise money there. -- i think it is $110,000. everyone under the wealth accumulation tax would pay that during their lifetime. i just wanted to throw that out as a possibility. host: and other baubles from the york. -- another bob. caller: and is wondering why the rich cannot pay their fair share. i live in upstate new york. the toll is at $10 and because i do not have some kind of sticker on my
democratic caller in new york, what the make of the house gop. don the fiscal cliff? caller: would like to add something on the matter of taxes. it has been recommended, some years ago by a wall street banker, to have a 1% wealth tax from capital accumulation. someone that house $100,000 would pay $1 and dollars. a flat tax with everyone in. -- would pay $1,000. the good raise a tremendous amount of money even if the income tax rates went down. and this wondering if anyone would be in favor of...
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Dec 13, 2012
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this involves fiscal cliff. house speaker john boehner plans to fly home to ohio tomorrow. his spokesperson says, this is a quote. the president has both cell phone numbers and ohio has both cell phone service in the airports. if the president wants to talk to me it won't be a problem. lori: a little snarky. adam: two jilted lovers in a fight. reunited and it feels so good? that was peaches and herb. shibani joshi is talking about how apple is trying to save face with its map debacle and google will do it for them. >> jilted lovers and talking about reuniting, that is what google and apple are doing here. we talked about the sort of backlash apple received after kicking out google maps. google maps unveiling a new app that brings the two together. top download today. 11,500 reviews and four stars. users are in love. i missed you, please don't ever leave again. adam: why is that? >> they scale them. different user interface. there is different coding necessary. it will come. just not out available. adam: why not get an android device, call it a day with google? >> that's wha
this involves fiscal cliff. house speaker john boehner plans to fly home to ohio tomorrow. his spokesperson says, this is a quote. the president has both cell phone numbers and ohio has both cell phone service in the airports. if the president wants to talk to me it won't be a problem. lori: a little snarky. adam: two jilted lovers in a fight. reunited and it feels so good? that was peaches and herb. shibani joshi is talking about how apple is trying to save face with its map debacle and google...
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Nov 14, 2012
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cliff. the white house is showing its cards and sending a message ahead of the president's face-to-face meeting with republican congressional leaders. it'll take place on friday. president obama plans to open negotiations by calling for $1.6 trillion in additional tax revenue over the next decade. that amount is likely far more than republicans would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today, the president is scheduled to meet with ceos from a dozen companies among them general electric, ford and ibm. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would "not budge" when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio was among those at the white house m
cliff. the white house is showing its cards and sending a message ahead of the president's face-to-face meeting with republican congressional leaders. it'll take place on friday. president obama plans to open negotiations by calling for $1.6 trillion in additional tax revenue over the next decade. that amount is likely far more than republicans would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today, the...
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Dec 6, 2012
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in firms of the discussions of the fiscal cliff, the white house is focused solely on cuts for top earners. almost no discussion of unemployment insurance and payroll taxes, the farm bill which would include the price of milk and food stamps on a broader level. at what point do these become sticking points in the negotiation? >> reporter: they're going to become sticking points and probably before the end of the year, because remember there are a couple of things going on. if the president gets a deal on rates, republicans are going to be less inclined to go along with some of the other things, like extended unemployment insurance and some sort of extension perhaps in different form of the payroll tax cut. but also to avoid the sequestration, the congress has got to find some way to have cuts in the interim. if they kick the can down the road they have to have month by month cuts. the farm bill, talking $10 billion a month to in effect buy off the sequestration while they negotiate, the farm bill if you take the senate bill, $23 billion in subsidies cut overall, $4 billion as mentioned fro
in firms of the discussions of the fiscal cliff, the white house is focused solely on cuts for top earners. almost no discussion of unemployment insurance and payroll taxes, the farm bill which would include the price of milk and food stamps on a broader level. at what point do these become sticking points in the negotiation? >> reporter: they're going to become sticking points and probably before the end of the year, because remember there are a couple of things going on. if the...
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Dec 6, 2012
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it is in the house. the issue of the fiscal cliff, what's it mean? it is probably the most known phrase in politics. they say, you have to wait for everything. people understand you have to do a piece of the puzzle. you can do it today. the opportunity to keep this economy moving, it has done very well the last few years. we always wait for the big deal and something never happens. this is a chance for the middle class tax cut. i would encourage every day, what is holding it out? -- it up? you will see yourself getting a tax cut for the remainder of next year if we just move them forward. again, it is finished of the senate side. >> i want to thank my colleagues for the leadership on the steering committee in this area. we have senator olympia snowe, bill kristol of the weekly standard, like simpson of idaho. david brooks. walter jones. the national review. we're here to say that passing the middle class tax cut is the right thing to do. you don't need to take our word for it. 2/3 of the american public agree with us. you don't need to take that word
it is in the house. the issue of the fiscal cliff, what's it mean? it is probably the most known phrase in politics. they say, you have to wait for everything. people understand you have to do a piece of the puzzle. you can do it today. the opportunity to keep this economy moving, it has done very well the last few years. we always wait for the big deal and something never happens. this is a chance for the middle class tax cut. i would encourage every day, what is holding it out? -- it up? you...
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Nov 26, 2012
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i love you, too. >>> in those talks to avoid the so-called fiscal cliff, house democrats are being pressed for compromises on spending cuts. are they going to agree to cuts in medicare and other entitlements in exchange for tax increases? south carolina congressman and assistant democratic leader james clyburn joins me now from south carolina. welcome, congressman. thanks for being with us. >> thank you so much for having me. >> let's talk about these negotiations because ruth marcus from the "washington post" was reporting earlier in our program that in initial talks staff to staff that there was no give at all from the republicans in their initial counteroffer to the white house, no give at all on the extension of the debt ceiling. where do you stand, if there's no give on that? how do you avoid this crisis? >> well, i would hope that those reports are erroneous. the fact of the matter is i think that we have vetted that with the american people. we have now had a very definitive election and i think the american people spoke very loudly as to the approach they would like to take. we kno
i love you, too. >>> in those talks to avoid the so-called fiscal cliff, house democrats are being pressed for compromises on spending cuts. are they going to agree to cuts in medicare and other entitlements in exchange for tax increases? south carolina congressman and assistant democratic leader james clyburn joins me now from south carolina. welcome, congressman. thanks for being with us. >> thank you so much for having me. >> let's talk about these negotiations because...
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Nov 30, 2012
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cliff. it included $1.6 trillion in new revenue from tax hikes on the rich. the white house is giving $400 billion in savings from medicare and entitlements. there's also a request for at least $50 billion in infrastructure spending, mortgage relief, and other stimulus measures. none of this is a surprise to the republicans. this is what president obama campaigned on. it's also what republicans have been presented behind closed doors for weeks. "politico" reported on the deal taking shape behind the scenes. it includes most of the same details the white house has in its proposal. according to "politico" house republican leaders recognize president obama holds the high cards and the public is likely to blame republicans if negotiations blow up and the new year begins with a fiscal disaster. the facts didn't stop speaker boehner from claiming the white house is holding up negotiations. >> majority leader and i just had a meeting with the treasury secretary. it was frank, and it was direct. i w
cliff. it included $1.6 trillion in new revenue from tax hikes on the rich. the white house is giving $400 billion in savings from medicare and entitlements. there's also a request for at least $50 billion in infrastructure spending, mortgage relief, and other stimulus measures. none of this is a surprise to the republicans. this is what president obama campaigned on. it's also what republicans have been presented behind closed doors for weeks. "politico" reported on the deal taking...
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Nov 28, 2012
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." >>> president obama ramps up the sales pitch on his fiscal cliff picks. will public pressure push republicans into a deal. one leading house republican who happens to be a former pollster takes a very vocal position on what he thinks his party needs to do and to do now. >>> u.n. ambassador susan rice's attempt to smooth things over doesn't go over as well as she or the white house would have liked. guess who stepped out to vouch for her. none other than a retiring amigo, senator joe lieberman. >>> and new numbers on a hypothetical matchup for 2013 that would be sure to get some votes. what would happen if cory booker took on chris christie. that's not the only big 2013 news this morning on the campaign front. good morning from washington. it's wednesday, november 28, 2012. this is "the daily rundown." i'm chuck todd. right to my first read of the morning. so is washington just running out the clock until about ten days before christmas when everyone smells the jet fuel and gets ready to cut a deal to avoid the so-called fiscal cliff? some days it feels th
." >>> president obama ramps up the sales pitch on his fiscal cliff picks. will public pressure push republicans into a deal. one leading house republican who happens to be a former pollster takes a very vocal position on what he thinks his party needs to do and to do now. >>> u.n. ambassador susan rice's attempt to smooth things over doesn't go over as well as she or the white house would have liked. guess who stepped out to vouch for her. none other than a retiring...
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cliff, you see people now at the white house, on the hill, in both parties talking about it as a slope, not a cliff. that there will be a deal early in the new year if not one by new year's eve. so i think clearly both sides think it is now likely that we'll go over the cliff and that they want to argue it's not so catastrophic. in fact, as you say, especially for a liberal democrats they see some advantages to going over the cliff, blaming republicans and starting with kind of hitting the reset button when it comes to this debate. >> well, you had apparently democrats giving in on the estate tax. yesterday we saw that the republicans withdrew their demands on social security but now you have i mean what is arguably a much more difficult negotiation which is over concessions on the sequester. you know, if this doesn't get done is that what the holdup is going to be? or is it just going to be a whole myriad of things? >> i think it would be a myriad of things but certainly a sequester is a concern for members of both parties. you know, the pro defense hawkish types of both parties who w
cliff, you see people now at the white house, on the hill, in both parties talking about it as a slope, not a cliff. that there will be a deal early in the new year if not one by new year's eve. so i think clearly both sides think it is now likely that we'll go over the cliff and that they want to argue it's not so catastrophic. in fact, as you say, especially for a liberal democrats they see some advantages to going over the cliff, blaming republicans and starting with kind of hitting the...
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so, let's say we go over that cliff at 12:01 tonight, and tomorrow morning the white house and the democratic machine starts the drum beat that republicans have caused this, the republicans, fill in the blank, have created this fiscal mess, now that we're over the cliff. how do we as a party with voices like yours get in front of that noise to reframe this argument just as you just did. take the parties out of this and focus on the nation's business? >> well, number one is i really don't care what's said tomorrow morning. it's a failure of leadership of great proportions of everybody that's here. and anybody you hear trying to make a gain out of that doesn't really care about the country. they care about themselves and advantaging themselves. that's number one. number two is i don't think going over the cliff, as far as a lesson for us, will be all that harmful. i know it's -- everybody's rattled about it, but the fact is, is we will, in fact, reinstitute some tax cuts. we should not reinstitute or eliminate the spending cuts. this government wastes $300 billion to $600 billion a year that no
so, let's say we go over that cliff at 12:01 tonight, and tomorrow morning the white house and the democratic machine starts the drum beat that republicans have caused this, the republicans, fill in the blank, have created this fiscal mess, now that we're over the cliff. how do we as a party with voices like yours get in front of that noise to reframe this argument just as you just did. take the parties out of this and focus on the nation's business? >> well, number one is i really don't...
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. >> tonight, richard wolffe on today's nonsense from republicans and where a deal on the fiscal cliff stands. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over libya. >>> good to have you with us tonight, folks. republicans are walking tall in public but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> de
. >> tonight, richard wolffe on today's nonsense from republicans and where a deal on the fiscal cliff stands. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank...
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>> republican house speakers tom cole and marsha blackburn. >>> then falling off the fiscal cliff, a tumble that would shake the world with international monetary fund christine lagarde. >>> plus what happens if nothing happens with moody's chief economist mark zandy, jackie comes of the "new york times" and cnn's dana bash. i'm candy crowley and this is "state of the union." >>> politically the speaker is playing with a weaker hand that the president, the pressure is higher on him and his critics are harder too. >> the republican party's finished. >> he is selling out our children right now with these massive tax increases and that's a starting bid. he's saying here $800 billion now will you sit down with us, obama? >> twistill with the votes get counted in his caucus of republicans, boehner seems to have more room to maneuver than he did in preelection face-offs over political matters. even if the republican speaker gets a deal, can he get it passed? joining me now, republican congressman tom cole of oklahoma and marsha blackburn of tennessee, thank you both so much for joining us,
>> republican house speakers tom cole and marsha blackburn. >>> then falling off the fiscal cliff, a tumble that would shake the world with international monetary fund christine lagarde. >>> plus what happens if nothing happens with moody's chief economist mark zandy, jackie comes of the "new york times" and cnn's dana bash. i'm candy crowley and this is "state of the union." >>> politically the speaker is playing with a weaker hand that the...
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to avoid a fiscal cliff. cnbc's becky quick is here. what has more impact? the weekly jobless claims which have some sandy issues involved or the fiscal cliff talks? >> definitely the fiscal cliff. what you were talking about yesterday, boehner's comments really turned things around for the markets, all this sense of optimism all of a sudden. we saw the markets go from down triple digits for the dow up to triple digits. we haven't seen a swing like that since over a year ago. it's been october of 2011 was the last time it happened. it's definitely the fiscal cliff driving things. we heard commentary from lloyd blankfein, between that and the lead story -- one of the top stories on the front page of the "wall street journal" suggesting the president is flexible on the tax hikes, that sounds like a deal might get done. you see a gain of 50 or 60 points. gdp up 2.7% from 2%. there was concerning things when you dig into the numbers, it's all fiscal cliff all the time here, chuck. >> oh, hopefully, as you guys sa
to avoid a fiscal cliff. cnbc's becky quick is here. what has more impact? the weekly jobless claims which have some sandy issues involved or the fiscal cliff talks? >> definitely the fiscal cliff. what you were talking about yesterday, boehner's comments really turned things around for the markets, all this sense of optimism all of a sudden. we saw the markets go from down triple digits for the dow up to triple digits. we haven't seen a swing like that since over a year ago. it's been...
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federal government, it is in disarray, not just the fiscal cliff but $16 trillion in ious out in the world. in a couple of months, in february or march, they are going to have to renegotiate borrowing authority for another trillion or two dollars and if the president can fix and put us on some sort of path of restoration for the economy, that is a pay juv for everyone in the community you not just his base. he has got to think much more broadly, the job of the president is to find the next same of good for a real majority and escapable of doing. >> let's look back at the republican party. how did they become a coalition of special interest forces? they really do look like the democratic party of the '70s and '80s where they seem to the leaders in washington can't control the special interest groups. and this is what happened to the democrats, labor, all of these special interest groups that were -- the folks in washington knew what the right way was to try to whip national elections, they couldn't quite do it because they were -- basically, they succumbed to their base the democratic
federal government, it is in disarray, not just the fiscal cliff but $16 trillion in ious out in the world. in a couple of months, in february or march, they are going to have to renegotiate borrowing authority for another trillion or two dollars and if the president can fix and put us on some sort of path of restoration for the economy, that is a pay juv for everyone in the community you not just his base. he has got to think much more broadly, the job of the president is to find the next same...
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. >>> and more on gun control and the fiscal cliff with former white house chief of staff john pedesto, and how you can give to the sandy hook school support fund go to andrea mitchell.msnbc.com. >>> the voice pays tribute to those lives lost in connecticut. ♪ hallelujah, hallelujah, hallelujah, hallelujah ♪ people love our potpourri parties. it's a smell of a good time. this is the juniper! oh that is magical. [ male announcer ] when you combine creamy velveeta with zesty rotel tomatoes and green chiles, you'll get a bowl of queso that makes even this get-together better. sdmrumplt foreman who is chief of staff john podesta. good to see you. let's talk, first of all, about the gun situation, the white house has now signalled support for dianne feinstein's assault weapons ban. this was mayor mike bloomberg on "morning joe." >> congress doesn't give any money so that the federal -- and the federal government really is as much at fault as anybody. the president could fix this with his pen. federal government does not put data into the database of who in the military, for example, has
. >>> and more on gun control and the fiscal cliff with former white house chief of staff john pedesto, and how you can give to the sandy hook school support fund go to andrea mitchell.msnbc.com. >>> the voice pays tribute to those lives lost in connecticut. ♪ hallelujah, hallelujah, hallelujah, hallelujah ♪ people love our potpourri parties. it's a smell of a good time. this is the juniper! oh that is magical. [ male announcer ] when you combine creamy velveeta with zesty...
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[laughter] and now we can talk about the fiscal cliff. let me start off just by -- we will do the house rules, except we will cut in half. 30 seconds -- then we will have time to elaborate on all this. i want to go through the panel. what do think the odds are that some kind of the deal will be cut by january 1 in order to avoid sequestration and all the tax hikes? mark, i will start with you. >> i think it is 80% that we will avoid sequestration. the question is, though, is this going to be a big enough deal, and will actually be enough of a down payment that it will lead to something else subsequently that will actually avoid the kind of enormous consequences of $16 trillion of debt? that percentage will be lower than the 80%. >> let's come back to the big picture -- in the short term, by january 1 -- will we avoid the cliff? >> i think it is likely that we avoid it. it does not appear that that is going so well. it is so easy for us just to do the things we need to do. i think the real line in the sand is going to be the debt ceiling.
[laughter] and now we can talk about the fiscal cliff. let me start off just by -- we will do the house rules, except we will cut in half. 30 seconds -- then we will have time to elaborate on all this. i want to go through the panel. what do think the odds are that some kind of the deal will be cut by january 1 in order to avoid sequestration and all the tax hikes? mark, i will start with you. >> i think it is 80% that we will avoid sequestration. the question is, though, is this going to...
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with the president's opening bid and budget talks to avoid the so-called fiscal cliff. utah congressman jason chafe fits joins me now. the president was campaigning today in campaign mode certainly and basically what the democrats and the white house are saying is this is what the american people voted for. all of the exit polls show that there is strong support, more than 60% of the voters, support tax increases for the wealthy. so how do you counter that? >> well, the president also said he was for a balanced approach and what we haven't seen is what is the other side of that balance? the president said he was going to help curb back the debt and tackle this deficit. instead, the president has the gull to actually go out and suggest that we should get rid of the debt ceiling votes and take away congress' ability to help put a lid on that. essentially wants a limitless credit card. that is a nonstarter for us in the house of representatives and the president should share with us what he thinks he should be cutting. not just 10, 20 years out in advance, what are we goin
with the president's opening bid and budget talks to avoid the so-called fiscal cliff. utah congressman jason chafe fits joins me now. the president was campaigning today in campaign mode certainly and basically what the democrats and the white house are saying is this is what the american people voted for. all of the exit polls show that there is strong support, more than 60% of the voters, support tax increases for the wealthy. so how do you counter that? >> well, the president also...
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plan then we can avoid the fiscal cliff. they won't allow a vote in the house on the president's proposal. we haven't had a vote on his plan. >> thank you, congressman for being here with us today. >> thank you. >>> coming up in our war room finger pointing is coming from all sides. these fiscal cliff negotiations. which side will likely face the bulk of the blame if there is no deal. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. with a new project in mind, some how-to knowledge to give us an new years clutter is no match for someone with big i
plan then we can avoid the fiscal cliff. they won't allow a vote in the house on the president's proposal. we haven't had a vote on his plan. >> thank you, congressman for being here with us today. >> thank you. >>> coming up in our war room finger pointing is coming from all sides. these fiscal cliff negotiations. which side will likely face the bulk of the blame if there is no deal. [ male announcer ] it's that time of year again. time for citi price rewind. because your...
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he will be heading back to the fiscal cliff gridlock in d.c. house speaker john boehner has not called members back to the house in d.c. yet. just days ago he looked to avoid a fiscal cliff. will a deal get done? a newspaper under heavy criticism now for publishing the names of local gun permit legal local gun permit holders online. details on that are next on n "news nation." e reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or heari
he will be heading back to the fiscal cliff gridlock in d.c. house speaker john boehner has not called members back to the house in d.c. yet. just days ago he looked to avoid a fiscal cliff. will a deal get done? a newspaper under heavy criticism now for publishing the names of local gun permit legal local gun permit holders online. details on that are next on n "news nation." e reached the age where you don't back down from a challenge. this is the age of knowing how to make things...
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and with the white house and congress focused exclusively on the fiscal cliff, what does it all mean for president obama's second term agenda? the president laid out some of his goals on sunday on "meet the press." >> there are a couple of things that we need to get done. i've said that fixing our broken immigration system is a top priority. the second thing that we've got to do is to stabilize the economy and make sure it's growing. number three, you know, we've get a huge opportunity around energy. we are producing more energy and america can become an energy exporter. but the most immediate thing i've got to do, starting on january 1st, if congress doesn't act before the end of the year, is make sure that taxes are not going up on middle class families. >> joining me now, former spokesman for the democratic congressional campaign committee, doug thornel, republican media consultant kim, and my colleague at "the washington post" and white house reporter david knanakamura. doug, i want to start with you. the president's first-term agenda really was health care, and then he had to de
and with the white house and congress focused exclusively on the fiscal cliff, what does it all mean for president obama's second term agenda? the president laid out some of his goals on sunday on "meet the press." >> there are a couple of things that we need to get done. i've said that fixing our broken immigration system is a top priority. the second thing that we've got to do is to stabilize the economy and make sure it's growing. number three, you know, we've get a huge...
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what makes you think 2013 will be any better with the fiscal cliff looming and otherwise? >> that's what matt is talking about, the fed. the fed is going to be the gravy train for the equity requests -- the bulls for equities. you want to go long. you want to take a very big position into equities. you could go across the board next year. if we do have a bit of a selloff in the fourth quarter because of a quiet earning season, it might be time to start building up that war chest and start positioning to go long. go long heavy, too. i'm talking about maybe using leverage in some opportunities because next year is going to be a great year for stocks. >> what do you want to sell, then? >> i wouldn't sell anything. >> you just said raise cash, right? how are you going to raise cash? >> well, look, if you want to lock in some gains that matt was talking about, there's nothing wrong with that. but realistically if you want to start trading -- if you want to start investing, this is a great opportunity. the fed is there to bail us out, guys. it's unlimited. and if you look at the
what makes you think 2013 will be any better with the fiscal cliff looming and otherwise? >> that's what matt is talking about, the fed. the fed is going to be the gravy train for the equity requests -- the bulls for equities. you want to go long. you want to take a very big position into equities. you could go across the board next year. if we do have a bit of a selloff in the fourth quarter because of a quiet earning season, it might be time to start building up that war chest and start...